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ICICI Direct Vs HDFC Securities (Compare ICICI Direct and HDFC Securities)

The side-by-side comparison of ICICI Direct and HDFC Securities. Compare ICICI Direct Vs HDFC Securities brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best ICICI Direct vs HDFC Securities?


ICICI Direct
ICICI Direct is a retail trading and investment service from ICICI Securities, the largest retail stock broker firm in India offering a wide range of investment options to the retail and institutional customers. ICICI Securities is part of ICICI Group, India's top financial service provider offering banking and other financial services. ICICI Securities offers 'online trading and investment' services to over 20 lakhs customers through ICICI Direct (ICICIDirect.com). ICICIDirect.com is the flags... Know more about ICICI Securities Pvt Ltd.


HDFC Securities
HDFC Securities(HDFCsec) is Equity Trading Company of HDFC Bank. HDFC Securities provide both online trading and trading on phone. The HDFC Securities trading account has a unique 3-in-1 feature that integrates your HDFC Securities trading account with your existing HDFC bank savings account and existing Demat account. Funds / shares are seamlessly moved from the linked Demat/Bank account to execute the transactions. HDFCsec provides Cash-n-Carry on both NSE and BSE, Day trading on both NSE and... Know more about HDFC Securities Ltd

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ICICI Direct Vs HDFC Securities

Incorporated in 2000, ICICI Direct is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 branches across India.

  ICICI Direct HDFC Securities
Type of Broker Full Service Broker Full Service Broker
Supported Exchnages BSE, NSE BSE, NSE
Account Type 3-in-1 Account (I-Secure Plan) Online Trading
Year of Incorporation 2000 2002
Number of Branches 154 270
Broker Enquiry Open an Online Trading Account with ICICI Direct. Leave your contact info and we will get in touch with you. Open an Online Trading Account with HDFC Securities. Leave your contact info and we will get in touch with you.
Enquire ICICI DirectEnquire HDFC Securities
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ICICI Direct Vs HDFC Securities Charges & AMC

ICICI Direct trading account opening charges is ₹975 while HDFC Securities account opening changes is ₹999. ICICI Direct Demat Account AMC Charges is ₹700 and HDFC Securities Demat Account AMC Charges is ₹750.

  ICICI Direct HDFC Securities
Trading Account Opening Charges ₹975 ₹999
Trading Account AMC Charges ₹0 ₹0
Demat Account Opening Charges ₹0 ₹0
Demat Account AMC Charges ₹700 ₹750
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ICICI Direct Vs HDFC Securities Brokerage Charges & Plans

ICICI Direct Vs HDFC Securities Brokerage

ICICI Direct brokerage charges for equity is 0.55% and intraday is 0.275% whereas HDFC Securities brokerage charges for equity is 0.50% and intraday is 0.05%.

  ICICI Direct HDFC Securities
Account Type 3-in-1 Account (I-Secure Plan) Online Trading
Fixed Charges
Equity Delivery Brokerage 0.55% 0.50%
Equity Intraday Brokerage 0.275% 0.05%
Equity Futures Brokerage 0.05% to 0.03% 0.05%
Equity Options Brokerage ₹95 to ₹35 per lot ₹100 per lot or 1% of the premium (whichever is higher)
Currency Futures Trading Brokerage 0.050% to 0.030% ₹23 per contract
Currency Options Trading Brokerage ₹25 to ₹10 per lot ₹20 per contract
Commodity Futures Trading Brokerage NA 0.02% for Intraday / 0.025% for positional
Commodity Options Trading Brokerage NA 0.02% for Intraday / 0.025% for positional
Special Offer
Special Offer: Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Request a Callback.
Special Offer: ₹750 Demat account AMC fee waived off for the first year. Get HDFC 3-in-1 account, integrated trading + demat + saving bank account for seamless investing in stock market and mutual funds. Request a Callback.

ICICI Direct Vs HDFC Securities Brokerage Plan 2

  ICICI Direct HDFC Securities
Account Type I-Saver Plan Online Trading
Fixed Charges NA
Equity Delivery Brokerage 0.75% to 0.25% 0.50%
Equity Intraday Brokerage 0.75% to 0.25% 0.05%
Equity Futures Brokerage 0.05% to 0.03% 0.05%
Equity Options Brokerage ₹95 to ₹65 per lot ₹100 per lot or 1% of the premium (whichever is higher)
Currency Futures Trading Brokerage 0.05% to 0.03% ₹23 per contract
Currency Options Trading Brokerage 0.25 to ₹65 per lot ₹20 per contract
Commodity Futures Trading Brokerage NA 0.02% for Intraday / 0.025% for positional
Commodity Options Trading Brokerage NA 0.02% for Intraday / 0.025% for positional
Enquire ICICI DirectEnquire HDFC Securities

ICICI Direct Vs HDFC Securities Brokerage Plan 3

  ICICI Direct HDFC Securities
Account Type ICICIdirect Prime Plan Online Trading
Fixed Charges ₹900 NA
Equity Delivery Brokerage 0.25% 0.50%
Equity Intraday Brokerage 0.25% 0.05%
Equity Futures Brokerage 0.025% 0.05%
Equity Options Brokerage ₹35 ₹100 per lot or 1% of the premium (whichever is higher)
Currency Futures Trading Brokerage ₹0 ₹23 per contract
Currency Options Trading Brokerage ₹0 ₹20 per contract
Commodity Futures Trading Brokerage NA 0.02% for Intraday / 0.025% for positional
Commodity Options Trading Brokerage NA 0.02% for Intraday / 0.025% for positional
Enquire ICICI DirectEnquire HDFC Securities

ICICI Direct Charges Vs HDFC Securities

Minimum Brokerage Charges ₹35 per trade ₹25 plus taxes
Other Brokerage Charges
Call & Trade Charges ₹25 per call after first 20 free calls per month ₹0
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ICICI Direct Vs HDFC Securities Transaction Charges

ICICI Direct transaction charges for options is ₹5000 per Cr (0.05%) (on premium) while HDFC Securities exchange transaction charges for options is 0.050% (on premium).

  ICICI Direct HDFC Securities
Equity Delivery NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side) 0.00325%
Equity Intraday NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side) 0.00325%
Equity Futures ₹180 per Cr (0.0018%) .00190%
Equity Options ₹5000 per Cr (0.05%) (on premium) 0.050% (on premium)
Currency Futures ₹120 per Cr (0.0012%) 0.00110%
Currency Options ₹5000 per Cr (0.05%) (on premium) 0.040% (on premium)
Commodity NA NA
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ICICI Direct Vs HDFC Securities Leverage (Margin)

ICICI Direct provides the margin of Upto 25x for intraday trades whereas the HDFC Securities margin for intraday cash is Upto 20x.

  ICICI Direct HDFC Securities
Equity Delivery 5x with Interest 2x with Intrest
Equity Intraday Upto 25x Upto 20x
Equity Futures 4x Nil
Equity Options 2x for shorting Nil
Currency Futures NA Nil
Currency Options NA Nil
Commodity Futures NA Nil
Commodity Options
Enquire ICICI DirectEnquire HDFC Securities
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Compare ICICI Direct and HDFC Securities Features

The trading platforms offered ICICI Direct include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. HDFC Securities offers ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify trading software.

  ICICI Direct HDFC Securities
3 in 1 Account Yes Yes
Charting Yes Yes
Automated Trading No No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes No
Trading Platform ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify
Intraday Square-off Time 3:30 PM 3:30 PM
Other Features Bullet Trading, Can trade in 32 exchanges through Saxo Trader E-Margin, ENCASH,
Referral Program
Enquire ICICI DirectEnquire HDFC Securities
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ICICI Direct Vs HDFC Securities Review

ICICI Direct is rated 2.4 of 5 based on 422 customer reviews whereas HDFC Securities is rated 2.2 of 5 based on 185 customer reviews.

  ICICI Direct HDFC Securities
  422 Customer Reviews    Rate ICICI Direct 185 Customer Reviews    Rate HDFC Securities
Fees 2.3 2.1
Trading Brokerage 1.7 1.9
Trading Platform Usability 3.4 2.9
Customer Service 2.7 2.5
Research Capabilities 3.0 2.1
Overall Ratings Rated 2.4 stars Rated 2.2 stars
Broker Rating ICICI Direct is rated 2.4 of 5 based on 422 customer reviews HDFC Securities is rated 2.2 of 5 based on 185 customer reviews
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Contact Broker / Request A Call Back

  ICICI Direct Enquire HDFC Securities Enquire
Contact Broker

Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Request a Callback.

₹750 Demat account AMC fee waived off for the first year. Get HDFC 3-in-1 account, integrated trading + demat + saving bank account for seamless investing in stock market and mutual funds. Request a Callback.

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ICICI Direct Vs HDFC Securities Investment Options

  ICICI Direct HDFC Securities
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading
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ICICI Direct Vs HDFC Securities Order Type Offered

  ICICI Direct HDFC Securities
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No No
Good Till Cancelled (GTC) Yes Yes
Enquire ICICI DirectEnquire HDFC Securities
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ICICI Direct Vs HDFC Securities Research Report

  ICICI Direct HDFC Securities
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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ICICI Direct Vs HDFC Securities Suitable For Investor Type

  ICICI Direct HDFC Securities
Casual Investor Yes Yes
Active Investor
Trader
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ICICI Direct Vs HDFC Securities - Advantages and Disadvantages

  ICICI Direct HDFC Securities
Pros
  • Offers 3-in-1 account which makes stock market investment very easy for casual investors.
  • Wide range of investment options available under one portal.
  • Provides a low bandwidth website which works well where internet connection is slow.
  • GTC (good till cancellation) and off-market hours order placement facility is very useful.

More Advantages...

  • The 3-in-1 account, which includes HDFC Bank Account, HDFC Securities Trading Account and HDFC Securities Demat Account, is the best offering for retail investors in India as it provides easiest way to invest in stock market and other financial instruments.

More Advantages...

Cons
  • ICICI Security charges highest brokerage in comparison to most of the retail broke₹in India.
  • Very high 'minimum brokerage' of ₹35 per trade or 2.5% of the trade value whichever is lower.
  • Poor performance of website is reported in peak hou₹of trading.
  • Trading Terminal (Trade Racer) cost ₹75 per month if brokerage paid in a month is less then ₹750.
  • Demat Account is mandatory.
  • Commodity trading is not available for retail investors.
  • Call & trade cost extra ₹25 per call after first 20 free calls in a month.

More Disadvantages...

  • In addition to opening a trading account with HDFC Securities Ltd, you will also be required to open a savings bank account (quarterly minimum balance of ₹5000) and a DP (depository participant) account with HDFC Bank.
  • Very high brokerage charges
  • Charge minimum brokerage of ₹25

More Disadvantages...

Reviews
Promo / Offers

ICICI 3-in-1 Account

ICICI Direct offers a 3-in-1 account, a combination of saving bank, trading and demat account. It offers one-click investment in Equity, Derivatives, Mutual Funds, IPO, ETF, Life Insurance, General Insurance, Currency, and Fixed Deposits.

Interested in opening a trading account? Request Callback from a stock broker.

HDFC 3-in-1 Account

HDFC Securities offers a full-service 3-in-1 account, a combination of saving bank, trading and demat account. One account to investment in Equity, Derivatives, Mutual Funds, IPO and Fixed Deposits. Special Offer: ₹750 demat account AMC is waived when you open your 3-in-1 account.

Interested in opening a trading account? Request Callback from a stock broker.

Enquire ICICI DirectEnquire HDFC Securities

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ICICI Direct HDFC Securities
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